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Silver within tight range – Analysis - 09-05-2018
The tight range continues to dominate Silver price trades, which fluctuates around the EMA50, to keep the price within the sideways track that appears on the chart, confined between 16.15 support and 16.80 resistance, waiting to surpass one of these levels to detect the next targets clearly, reminding you that breaking this support will push the price towards 15.49 as a next negative target, while breaching the resistance will motivate the price to attempt to recover and achieve gains that start at 17.43.
Expected trading range for today is between 16.20 support and 16.55 resistance.
Expected trend for today: Sideways
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Gold within the sideways range – Analysis - 09-05-2018
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